The knee cartilage repair market is expected to gain significant growth in the forecast period of 2021 to 2028.
The knee cartilage repair market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the Knee Cartilage Repair market scenario contact Data Bridge Market Research for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal.
The knee cartilage repair market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.5% in the forecast period of 2021 to 2028 and is expected to reach USD 2,651.17 million by 2028. Increasing number of old age population and rising prevalence of joint disorders such as osteoarthritis are expected to drive the growth of the knee cartilage repair market.
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Cartilage is smooth elastic, rubber like tissue, which covers and protects the ends of the knee joints. Articular cartilage particularly that found in the knee joint has a low friction coefficient, a high wear resistance, and weak regenerating properties. It is responsible for much of the knee joint's compressive resistance and load bearing properties, and walking without it is uncomfortable to impossible. Osteoarthritis is a common cartilage failing disorder that can cause decreased range of motion, bone deterioration, and, of course, pain. It causes the articular surface to wear away, and in severe cases, bone can be exposed in the joint, due to a combination of acute stress and chronic exhaustion. Cellular matrix linkage rupture, chondrocyte protein synthesis inhibition, and chondrocyte apoptosis are some more examples of cartilage failure processes.
Increasing number of old age population, rising prevalence of joint disorders such as osteoarthritis are expected to drive the growth of the knee cartilage repair market. On the other hand, high cost of cartilage repair surgeries complications associated with elder population expected to restrain the market growth. Increasing technological upgradation and advancements in knee cartilage repair and Increase in the prevalence of OA (osteoarthritis) due to unhealthy lifestyle act as an opportunity for the knee cartilage repair market. However, stringent government regulations may acts as challenge for the knee cartilage repair market growth.
Major companies operating in the knee cartilage repair market are
- Smith+Nephew,
- Stryker,
- Zimmer Biomet,
- B. Braun Melsungen AG,
- The Future of Biotechnology,
- MEDIPOST,
- Vericel Corporation,
- CONMED Corporation,
- Medical Devices Business Services (DePuy Synthes),
- Meril Life Sciences Pvt. Ltd.,
- Arthrex, Inc.,
- Medacta International,
- Teijin Nakashima Medical Co., Ltd.,
- BioTissue SA,
- ISTO Technologies, Inc.,
- CartiHeal, Inc.,
- Mathys AG Bettlach,
- Waldemar Link GmbH & Co.KG,
- JRI Orthopaedics,
- Regentis Biomaterials Ltd.,
- Auxein Medical.,
- EVOLUTIS INDIA PVT. LTD., and
- Japan MDM, Inc.,
among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Knee Cartilage Repair Market Scope and Market Size
The global knee cartilage repair market is segmented on the basis of treatment, surgery, devices, application, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of treatment, the knee cartilage repair market is segmented into cell-based and non-cell-based. In 2021, cell-based segment is expected to dominate the market owing to its huge contribution toward novel therapeutic strategies for repair of osteochondral or chondral defects.
- On the basis of surgery, the knee cartilage repair market is segmented into osteochondral autograft transplantation, osteochondral allograft transplantation, micro fracture, drilling, abrasion arthroplasty, autologous chondrocyte implantation, and others. In 2021, autologous chondrocyte implantation segment is expected to dominate the market as cartilage cells are taken from patients’ body, which leads to reduced risk of graft rejection.
- On the basis of devices, the knee cartilage repair market is segmented into implants, osteotomy, bone grafts, arthroscopy, resurfacing, arthrodesis, and others. In 2021, the implants segment is expected to dominate the market owing to increasing cases of knee injury and rising implementation of favorable reimbursement policies for knee replacement surgeries.
- On the basis of application, the knee cartilage repair market is segmented into osteoarthritis, rheumatoid arthritis, osteonecrosis, fractures, bone tumors, and others. In 2021, the osteoarthritis segment is expected to dominate the market owing to increase in the prevalence of osteoarthritis due to unhealthy lifestyle of people worldwide.
- On the basis of end user, the knee cartilage repair market is segmented into hospital, ambulatory surgical centers, and independent centers. In 2021, the hospital segment is expected to dominate the market owing to increase in the number of road accidents and sports related injuries.
- On the basis of distribution channel, the knee cartilage repair market is segmented into third party distributor, online sales, direct sales, and others. In 2021, the direct sales segment is expected to dominate the market owing to the convenience offered to the customers.
Knee Cartilage Repair Market Country Level Analysis
The knee cartilage repair market is analyzed and market size information is provided based on treatment, surgery, devices, application, end user, and distribution channel as referenced above. Countries covered in the knee cartilage repair market report are the U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Turkey, Austria, Ireland, Rest of Europe, China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
Cell-based segment in North American region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing number of old age population, rising prevalence of joint disorders such as osteoarthritis. The cell based treatment segment in the U.S. is dominating the North American market owing to increasing research and development for the knee cartilage repair market.
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